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UCO Bank aiming to come out of RBI's PCA framework

19 Feb 2020 Evaluate

UCO Bank is aiming to come out of the Reserve Bank of India’s (RBI) prompt corrective action (PCA) framework by March 2020 by turning profitable and also reducing its quantum of NPAs. The PCA framework poses a slew of restrictions, including caps on lending by banks.

UCO Bank is a commercial bank and a Government of India Undertaking. The Bank offers wide range of services includes Personal Banking, Corporate Banking, International Banking, Rural Banking and other services.

Peers
Company Name CMP
State Bank Of India 989.00
PNB 117.45
Bank Of Baroda 233.40
Canara Bank 123.25
Union Bank Of India 176.95
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